This was revealed by data on the International Investment Position (IIP) of India, which represents the difference between assets held by residents of a country and non-residents, released by RBI.
The latest figure indicates a jump of 16.9 per cent in the net assets of foreigners and NRIs from USD 158.4 billion during the fourth quarter of 2009-10.
During the April-June period, total external financial assets of Indian residents went down USD 5.3 billion, or 1.4 per cent, to USD 373.6 billion from USD 378.9 in the quarter ended March last fiscal, the IIP figures said.
Among the assets, direct investment abroad went up by USD 2.9 billion, or 3.7 per cent, to USD 82.1 billion.
Portfolio investment by Indians in the form of equity securities remained flat at USD 0.9 billion during the quarter ended June.
Other investments by Indians in the overseas markets, including trade credits, loans and currency and deposits, however, decreased by USD 4.8 billion, or 24.4 per cent, to USD 14.9 billion during the April-June quarter.
Loans went down by USD 2.2 billion, or 39.3 per cent, at USD 3.4 billion. Currency and deposits increased by 0.2 billion or 2.60 per cent during the quarter as against January-March 2010.
The reserve assets of the country fell by USD 3.4 billion, or 1.2 per cent, to USD 275.7 billion.
During the April-June quarter, the country's total external financial liabilities registered an increase of USD 21.4 billion, or 4 per cent, to USD 558.7 billion as against USD 537.3 billion in the quarter ended March 2010.
Direct investment into the country went up by USD 6 billion, or 3.4 per cent, to USD 180.5 billion.
Portfolio investment in the country during the quarter ended June also grew by USD 4.7 billion, or 3.5 per cent, to USD 138.9 billion, despite euro zone crisis.
The debts -- including trade credits, loans and currency and deposits -- increased by USD 10.7 billion, or 4.7 per cent, to USD 239.3 billion due to availability of funds at substantially lower interest rates than in the domestic markets.
Loans to Indian companies went up 4.2 per cent during the quarter ended June to USD 127.6 billion.
During the April-June period, currency and deposits liabilities grew marginally to USD 48.8 billion.